Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products that are sold in markets outside the United States. The company offers its smoke-free products under the HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, Parliament HeatSticks, and TEREA brands, as well as the KT&G-licensed brands, Fiit, and Miix. It also sells its products under the Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris brands. In addition, the company owns various cigarette brands, such as Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia; and Fortune and Jackpot in the Philippines. The company sells its smoke-free products in 71 markets. Philip Morris International Inc. was incorporated in 1987 and is headquartered in New York, New York.
P/B ratio for Philip Morris International Inc. (PM)
P/B ratio as of 2023: -13.01
According to Philip Morris International Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is -13.01. At the end of 2022 the company had a P/B ratio of -17.51.
P/B ratio history for Philip Morris International Inc. from 2001 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | -13.01 |
| 2022 | -17.51 |
| 2021 | -14.65 |
| 2020 | -10.26 |
| 2019 | -11.43 |
| 2018 | -8.33 |
| 2017 | -13.57 |
| 2016 | -11.18 |
| 2015 | -10.28 |
| 2014 | -10.10 |
| 2013 | -18.20 |
| 2012 | -40.71 |
| 2011 | 591.48 |
| 2010 | 30.70 |
| 2009 | 16.38 |
| 2008 | 12.00 |
| 2007 | 6.76 |
| 2006 | 7.30 |
| 2005 | 9.92 |
| 2003 | 9.55 |
| 2001 | 0.00 |